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Analysts Offer Insights on Industrial Goods Companies: Xylem (XYL) and Saia (SAIA)

Tipranks - Thu Feb 12, 7:30PM CST

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Xylem (XYLResearch Report) and Saia (SAIAResearch Report) with bullish sentiments.

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Xylem (XYL)

Barclays analyst William Grippin maintained a Buy rating on Xylem on February 10 and set a price target of $156.00. The company’s shares closed last Wednesday at $126.77.

According to TipRanks.com, Grippin is ranked 0 out of 5 stars with an average return of -18.4% and a 32.6% success rate. Grippin covers the Industrial Goods sector, focusing on stocks such as Veralto Corporation, Republic Services, and Waste Management. ;'>

Xylem has an analyst consensus of Strong Buy, with a price target consensus of $163.09, implying a 25.3% upside from current levels. In a report issued on January 26, William Blair also initiated coverage with a Buy rating on the stock.

See today’s best-performing stocks on TipRanks >>

Saia (SAIA)

In a report issued on February 10, Eric Morgan from Barclays maintained a Buy rating on Saia, with a price target of $400.00. The company’s shares closed last Wednesday at $388.68, close to its 52-week low of $342.68.

According to TipRanks.com, Morgan is a 4-star analyst with an average return of 18.9% and a 59.5% success rate. Morgan covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Werner Enterprises. ;'>

Currently, the analyst consensus on Saia is a Moderate Buy with an average price target of $388.38, representing a 0.7% upside. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $455.00 price target.

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